Ichimoku Analysis (4-hour chart)
Tenken-Sen- 134.62
Kijun-Sen- 134.95
GBPJPY has recovered more than 100 pips on the strong Pound sterling. GBPUSD jumped sharply from 1-week against USD as a slight decline in demand for Safe-haven assets. Markets eye UK CPI data to be released today for further direction. Any violation above 1.2600 targets 1.2670.
The 4-hour chart shows that the pair is trading above 100 and 200 MA (133.94 and 134.62). The near term support is around 133.90, and the indicative break below that level will drag the pair to the next level 133/131.75.
On the higher side, strong resistance is at 135.50 and any indicative break above will take the pair till 136.35/137/138.
It is good to sell below 133.90 around 135 with SL around 135 for the TP of 131.80.


FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major Crypto levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 



